About 3905 Pheasant Dr
3905 Pheasant in Carson City is a fully occupied fourplex where a 6.11 percent cap rate is easily achieved by modestly adjusting rents to market value. The property features three 2-bed/1.5-bath units and one 3-bed/1.5-bath unit, with long-term tenants currently paying below-market rents. Built in 1994 and recently renovated, it offers minimal deferred maintenance, strong in-place income, and clear upside. Positioned on a prime corner near shopping, entertainment, and freeway access, this turnkey multifamily comes with a full investment analysis that makes the numbers simple—ask us for it.
Features of 3905 Pheasant Dr
| MLS® # | 1018423 |
|---|---|
| Price | $940,000 |
| Bathrooms | 0.00 |
| Acres | 0.19 |
| Year Built | 1994 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 3905 Pheasant Dr |
|---|---|
| Area | Carson City County Area |
| City | Carson City |
| County | Carson City |
| State | NV |
| Zip Code | 89701 |
Amenities
| Features | Corner Lot, Level |
|---|---|
| View | Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Partially Carpeted, Vinyl |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air, OneUnit, Wall/Window Unit(s) |
| Fireplace | No |
| Stories | 2 Story |
Exterior
| Exterior | Shingle Siding, Wood Siding |
|---|---|
| Exterior Features | Landscaping, Patio |
| Lot Description | Corner Lot, Level |
| Roof | Composition, Pitched, Shingle, Wood |
| Construction | Shingle Siding, Wood Siding |
Additional Information
| Date Listed | August 25th, 2025 |
|---|---|
| Days on Market | 50 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Listing Courtesy of Trevor Richardson of Address Income<br> |
|---|
